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NORTHWEST INDUSTRIES, INC. v. B. F. GOODRICH COMPANY

No. 46.

260 A.2d 428 (1969)

NORTHWEST INDUSTRIES, INC., a Delaware corporation, Defendant Below, Appellant, v. The B. F. GOODRICH COMPANY, a New York corporation, Plaintiff Below, Appellee.

Supreme Court of Delaware.

June 2, 1969.

Attorney(s) appearing for the Case

H. Albert Young and Edward B. Maxwell, 2nd, of Young, Conaway, Stargatt & Taylor, Wilmington, and Jenner & Block, Chicago, Ill., for defendant below, appellant.

David F. Anderson, of Potter, Anderson & Corroon, Wilmington, for plaintiff below, appellee.

WOLCOTT, C. J., and CAREY and HERRMANN, JJ., sitting.

HERRMANN, Justice (for the majority of the Court):

This opinion reports the ruling we made in this case immediately after oral argument because of the exigency of time.

The determinative issue raised on this appeal was the adequacy of the demand by The B. F. Goodrich Company, as a stockholder of Northwest Industries, Inc., for inspection of the list of the stockholders of Northwest.

Northwest had made a share-exchange offer to the stockholders of Goodrich...

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